Investor Presentaiton

Financial management Maturity profile & liquidity (1) Billions $6 $5 $4 $3 $2 Issued by Provincial Corporations ■Issued by Alberta 23 23 $1 $0 2016/17 2018/19 2020/21 2022/23 2024/25 2026/27 2028/29 2030/31 (1) As of Aug 26, 2016 Well spread out maturity profile with low reinvestment risk Alberta 2032/33 2034/35 2036/37 2038/39 2040/41 2042/43 2044/45 2046/47

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